Perp 1h Short

17 thg 5, 2022

Setup: There is huge rejection off the POC in the 1h timeframe signified by the large volume candle. This looks real bearish for Perp. Furthermore, Perp is also on a long term downtrend, adding confluence to the trade. For extra confirmation, we will like to see it consolidate before breaking down.

Entry: Breakdown trade( 1 ATR below the weekly lows) at 1.02

Exit: Trail using the SAR indicator

18 thg 5, 2022

Ghi chú

Entered trade at 1.047 with trailing SL set using SAR at 1.19